I M Electrical Preston Ltd

Key Facts

Net Assets

Current: £4,018

Previous: £1,799

Change: +2,219 (+123.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £1,332

Previous: £395

Change: +£937 (+237.2%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £269

Previous: £2,814

Change: -£2,545 (-90.4%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £1,063

Previous: £2,419

Change: -£1,356 (-56.1%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £3,655

Previous: £4,568

Change: -£913 (-20%)

Comment: Fixed assets reduced noticeably.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.